Public documents obtained by show that Exxon Mobil and Brazilian state-run Petrobras, as well as oil services provider TechnipFMC, petitioned Cade, the country's antitrust regulatory body, to intervene in an energy contractor merger between Subsea7 & Saipem. In documents filed on Thursday, firms claimed that the merger of Norway's Subsea7 with Italy's Saipem could lead to a concentration in the subsea services market which would increase costs and reduce competition. Sources with knowledge on the matter said that the firms wanted Cade to either block the merger, or impose remedies in order to preserve the competition in Brazil. Petrobras Exxon TechnipFMC Saipem Subsea7 Subsea7 Subsea7 Subsea7 Subsea7 Subsea7 Subsea Seven Subsea7 Subsea7 Subsea7 Subsea7 Subsea7 Subsea 7 Subsea7 Subsea7 Subsea7 Subsea7 Subsea7 Subseas7 SubIn a joint statement released in July, the companies stated that Saipem7 will have a backlog of orders of 43 billion euro ($50.6 billion), revenues of around 21 billion euro and core earnings exceeding 2 billion euro. Petrobras stated in its Cade filing that the transaction will impact its company as its core business relies on these firms.